Word: reno
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Attorney General JANET RENO is especially steamed over the stories last month that FBI Director LOUIS FREEH had advised her to seek a special prosecutor to probe possible campaign-finance-law violations by Democratic fund raisers. Reno allies grumble that the leak seemed aimed at shoring up Freeh's flagging support among congressional Republicans. Freeh allies counter that the leak hurt him more than it did her and must have come from Justice. While the probes are undermining morale and chilling official press contacts, insiders give slim odds that the Justice plumbers will actually catch any leakers. Reason? Nobody...
...rocket science is predictable, and there aren't other rocket companies waiting to shoot yours out of the sky, as is happening to the discounters. Of all the newer crop of start-ups (those in business since the early 1990s), one of the few winners is Reno Air Inc., which posted a net profit of $2 million last year. The five sizable publicly traded discount airlines lost a combined $58 million in the first quarter of 1997, while most big carriers enjoyed sky-high profits. "You have to find a niche and stay with it," says Bob Reding, Reno...
...hearings that key suspect and Democratic fundraiser John Huang might testify before the Senate campaign finance committee, Thompson's show looked to be starting off with fireworks. But Huang, who is demanding partial immunity as his price, may never get to the witness stand, now that Attorney General Janet Reno has announced her opposition to the deal. Granting Huang even partial immunity, she argued, may interfere with her ongoing investigation into campaign finance irregularities. "It's basically the Ollie North rule," says TIME's John Dickerson. "North had an indictment thrown out because the partial immunity he had been granted...
...much empty space to fill. Along Highway 50 the distance between towns is bridgeable only by marathon road trips and the most powerful AM radio signals. The big station out of Reno is KOH, which promotes itself with the slogan "From the High Sierra we take down the High and Mighty." The drive-time talk jock (out here it's always drive time) is the inflammatory Brian Maloney, who makes Rush Limbaugh sound like Alan Alda. Maloney tends to open his monologues with the question that prefaces most conspiracy rants: "Don't you find it interesting that...?" For Maloney...
Whitewater's Kenneth Starr is the independent counsel Democrats love to hate. But Smaltz has the distinction of making even the most neutral lawyers argue that Attorney General Janet Reno should think twice before triggering any more such appointments. Smaltz was asked to determine whether former Agriculture Secretary Mike Espy took favors from companies, including chicken-processing giant Tyson Foods, that had business before his department. But after spending more than $9 million, Smaltz has compiled a record that shows the perils of prosecutorial passion. Last week he suffered his most serious rebuke, when a federal judge granted...